Crypto News: Market CRASH, Ethereum ETF, Oil, Gas, & MORE!!
🚨 New Video Alert!! 🚨
It’s Monday again, and that means its time for another weekly crypto review!
Crypto prices are looking interesting to say the least. They pumped over the last week but seem to be primed for a pullback.
Not surprisingly, the Ethereum futures ETF didn’t exactly go as planned, and this has created some concerns around ETH’s price. Even so, there’s some silver lining that could be very bullish for ETH.
In terms of macro factors, energy prices seems to be the overlooked one.
Of course, oil has had a pull back recently, but gas looks like its about to flare up. This could increase inflation and interest rates.
Be sure to stick around until the end to see where the top performing cryptos are headed next!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Crypto Liquidation Rally: https://cointelegraph.com/news/bitcoin-ethereum-price-pump-uptober-millions-short-liquidation
► ETH Futures ETFs Disappoint: https://cointelegraph.com/news/volatility-shares-cancels-etheruem-eth-etf-futures-launch
► Tokenized Treasuries On Base: https://www.coindesk.com/business/2023/10/06/tokenized-us-treasuries-arrive-on-coinbases-base-with-backeds-rwa-token-issuance/
► Oil Concerns Due To Conflict: https://www.bloomberg.com/news/articles/2023-10-08/as-israel-war-rages-oil-traders-are-focused-on-iran
► Monero Consensus Explained: https://cointelegraph.com/explained/what-is-the-cryptonight-mining-algorithm-and-how-does-it-work
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
